Wednesday, 21 January 2026

Supreme’s ACE Market upgrade boosts shareholders’ funds, efficiency now key

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KUCHING: Supreme Consolidated Resources Bhd’s shareholders’ funds rose sharply to RM116.4 million from RM93.1 million, an increase of RM23.3 million, following its transfer of listing to the ACE Market from the LEAP Market of Bursa Malaysia last year.

Executive Chairman, Dato Sri Richard Wee Liang Huat @ Richard Wee Liang Chiat, said 2025 was a strong year for the group, supported by revenue growth to RM232.1 million from RM226.9 million a year earlier.

However, group after-tax profit slipped to RM9.1 million from RM10 million in 2024. The company declared dividends amounting to RM3.6 million for the year.

Supreme is principally involved in the distribution of third-party brands as well as its own frozen and chilled food products, ambient food and beverage (F&B) products, and non-F&B products across Sarawak and Sabah.

“The range of frozen and chilled food products that we offer under our Supreme and Best Choice brands include frozen meat products, frozen seafood products, potato-based products, frozen vegetables as well as frozen processed products.

“As our group imports frozen and chilled food products and ambient F&B products from Australia, India, Vietnam, China, the United States of America, Germany, Belgium and New Zealand on consignment basis, we ensure that valid certificate of health and certificate of halal slaughter as well as halal certificate and halal certification, whichever applicable for imports, are obtained from the relevant authorities of the country of export for all our imports,” Wee said in the company’s 2025 annual report.

He said having a wide distribution network was key to ensuring the group’s products reach as many end-consumers as possible, with Supreme primarily utilising indirect distribution channels.

Through this approach, the group works with wholesalers such as agents, stockists and distributors who leverage their existing networks to sell Supreme products to other wholesalers, retailers, and hotels, restaurants and cafes (HORECA).

“We also have retailer customers such as supermarkets, hypermarkets, grocery stores and sundry shops as well as food service operator customers, such as HORECA, bakeries, canteens and caterers.

“In addition, our business is supported by our distribution centres located in Kuching, Miri and Sibu. Our distribution centres are equipped with ambient warehousing facilities and cold storage facilities to cater to the storage and distribution of various types of consumer products,” he added.

Wee said the management team continued to proactively manage operations, maintaining discipline and efficiency to ensure seamless distribution of food, beverage and non-food products throughout its network.

“We continue to seek out and evaluate strategic collaborations and business alignments that will enable our Supreme group to expand our geographical footprints and product offerings,” he reiterated.

“Apart from new agencies and products to achieve revenue growth, the management is constantly evaluating our cost containing and cost reduction exercise to ensure we can improve and protect our margins.”

He said the group’s young and dynamic management team had enabled Supreme to pursue an aggressive growth strategy while positioning the company for sustained growth.

Looking ahead, Wee said: “It offers much promises albeit with a degree of uncertainties caused by geopolitical and trade tensions.”

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